Advantage has appointed Nick Parker as regional sales manager for the Midlands. He will be responsible for building relationships with mortgage brokers and achieving sales targets.
Banco Halifax Hispania has cut the rate on its variable euro mortgages. Repayment mortgage rates of 4.63% for loans up to 60% and 4.73% for loans up to 70% LTV are now available.
Personal Touch Packaging is set to launch a packager franchise operation called Franchise Partners.The aim of the initiative is to widen PTP’s distribution. Franchise Partners currently consists of 12 packaging operations, primarily targeting regions of the UK where PTP doesn’t have a presence. “Two more firms are also set come on board. Ideally PTP says […]
A common mortgage e-commerce trading platform still looks to be a long way off following discussions on the second day of the Mortgage Strategy Packager Summit in Nice.Despite the general consensus among delegates that there must be greater cooperation between lenders and packagers on technology, there seems little hope that this will happen.Various reasons including […]
Nationwide has increased the rates on its range of fixed rate mortgages.
Well, the cricket season is here, and England and Australia are stepping up to the wicket. Although we compete with each other in the sporting world, when it comes to pensions, Australia’s pension programme is held up as a model for our auto-enrolment initiative. Auto-enrolment was introduced because people weren’t saving enough into their pensions, and it is still early days but signs are positive. However, in Australia, saving into a pension is compulsory, and in fact employers are the ones who have to pay in. Employees in Australia can make additional contributions into their pensions, but they don’t have to. Should the onus be on the employer or employee to save? Well in the UK we think it’s both, but to get ‘adequate’ savings for retirement it’s the employee who has to pay more in.